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Ethereum Blockchain Slashes Energy Use With 'Merge' Software Upgrade

The Ethereum blockchain has undergone a major software upgrade, drastically reducing its energy usage, its inventor and co-founder tweeted on Thursday. The new system will use 99.95 percent less energy, according to the Ethereum Foundation. The upgrade, which changes how transactions occur and how ether tokens are created, could give Ethereum a major advantage as […]

Dutch Students Devise Carbon-eating Electric Vehicle

The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits. “Our end goal is to create a more sustainable future,” said Jens Lahaije, finance manager for TU/ecomotive, the Eindhoven University of Technology student team that created the car. Called ZEM, for zero emission mobility, […]

Compass Minerals Picks Lithium Extraction Technology to Supply Ford, Others

Compass Minerals International Inc said on Wednesday it will use a lithium extraction technology developed by EnergySource Minerals LLC to produce the electric vehicle battery metal for Ford Motor Co and others. Washington has been pressing for U.S. companies to find greener ways to boost domestic production of battery metals and lessen the country’s […]

U.S. Investments in Foreign Chip Firms a Potential Concern, White House Says

U.S. investment in foreign chip companies is a potential concern for the Biden administration, a White House official said on Wednesday, but he stressed it has not yet made a final decision on a potential mechanism regulating U.S. investments in China. National Security Council official Peter Harrell heralded the administration’s efforts to kick-start U.S. chipmaking […]

U.S. to Discuss New Chips Bill with Taiwan Next Month

The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top U.S. diplomat in Taipei said on Wednesday. Last month, U.S. President Joe Biden signed into law the Chips and Science Act, which authorised about $52 billion in government subsidies for U.S. […]

Apple Plans to Use Latest Chip Tech by Taiwan's TSMC in iPhones

Apple Inc is planning to use an updated version of Taiwanese chipmaker TSMC’s latest chip producing technology in iPhones and Macbooks next year, the Nikkei Asia newspaper reported on Wednesday. The A17 mobile processor, which is currently under development, will be mass-produced using TSMC’s N3E chipmaking tech, expected to be available in the second half […]

U.S. Signs Deal with Google to Develop Chips for Researchers

The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices. The deal was signed between the Commerce Department’s National Institute of Standards and Technology (NIST) and Google. The chips will be manufactured by semiconductor […]

California's Newsom Signs Bill Requiring Social Media Firms Transparency

California Governor Gavin Newsom said on Tuesday he had signed a bill into law requiring transparency of social media companies, a move that could draw criticism from tech firms and industry groups. The law, AB-587, will require social media companies to publicly post their policies regarding hate speech, disinformation, harassment and extremism on their platforms, […]

Truly Autonomous Cars May Be Impossible Without Helpful Human Touch

Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be needed permanently to help robot drivers in trouble. The central premise of autonomous vehicles – that computers and artificial intelligence will dramatically reduce accidents caused […]

TikTok Hack: Exposing 2 Billion Users Data to Malicious Breach 

The world’s most famous and beloved short-video application TikTok has been reportedly hacked with the hacker disclosing that an estimate of almost two billion users’ data being stolen, supported by the reveal of the source code.  The alleged hack news started circulating on a popular hacking forum over the past few days, with hackers claiming […]